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#Ukx

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CNN

Global markets brace for a nervous week over Omicron concerns

Hong Kong/London (CNN Business) — Stocks in Asia fell on Monday while European markets and US futures edged higher as investors continued to digest news about a new Covid-19 variant. Japan's Nikkei 225 (N225) closed down about 1.6%, while Hong Kong's Hang Seng Index (HSI) fell nearly 1%. European markets...
STOCKS
ShareCast

London open: Stocks tumble on new Covid variant

London’s equity markets were a sea of red on Friday following heavy losses in Asia, as investors were spooked by a new Covid variant found in South Africa. At 0830 GMT, the FTSE 100 was down 3.2% at 7,074.08. Richard Hunter, head of markets at Interactive Investor, said: "The absence...
MARKETS
learn2.trade

FTSE 100 (UKX) Is in Uptrend, Faces Rejection at Level 7400

FTSE 100 (UKX) Long-term Trend: Bullish. FTSE 100 (UKX) is in an uptrend but faces rejection at the recent high. The index declined to level 7198 and resumed an upward move. Presently, the index is above the 50-day SMA and below the 21-day SMA. The uptrend will resume when price breaks above the 21-day SMA and the resistance at level 7400. Otherwise, UKX will continue to fluctuate between the moving averages. Meanwhile, on November 12 uptrend; a retraced candle body tested the 50% Fibonacci retracement level. The retracement indicates that UKX will rise to level 2.0 Fibonacci extension or level 7832.71.
STOCKS
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